DUBAI, UAE, Sept. 8, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has restored full access to its Bybit app on the App Store and Google Play for users in India, making a crucial milestone in its long-term dedication to the Indian market. Meanwhile, access to the Bybit website is being restored in phases and is expected to be fully available within the next 3–4 days. This is after a wider effort in regulatory harmonization and a reflection of Bybit’s dedication to trust, transparency, and security for its increasing number of Indian users.
Bybit initiated the process of regulation in the initial months of the year by becoming registered with the Financial Intelligence Unit-India (FIU-IND) as a reporting entity in January 2025. This ensured that its activities are in full accordance with India’s Prevention of Money Laundering Act (PMLA). Through this, Bybit has reopened providing a range of services such as Spot, Derivatives, Options, and Copy Trading to Indian customers with solid Know Your Customer (KYC) procedures and improved security measures.
Operations were initially re-established on February 25, 2025, where authorized users could access all trading functionality. Complete functionality of the website and app was, however, brought live only after extensive interaction with authorities, which is now successfully achieved.
Commenting on the announcement, Ben Zhou, Co-founder and CEO of Bybit, said: “India is among the most promising digital asset markets globally. We are excited to resume normal business and reaffirm our devotion to delivering Indian users with secure, transparent, and world-class cryptocurrency experiences. It’s not a comeback, it’s a new chapter for Bybit in India.”
Vikas Gupta, Country Manager of Bybit India, added, “this is a milestone moment for Bybit India. We are thrilled to provide Indian users with a smooth and compliant trading experience. Our vision is not limited to trading. We are committed to building India’s rapidly expanding crypto ecosystem through mass education, strategic partnerships, and community-led initiatives.”
As part of its expanded footprint, Bybit became the Title Sponsor of the India Blockchain Tour 2025, which kicked off in Hyderabad on June 28. The next stop will be Metamorphosis – India Blockchain Tour, New Delhi, scheduled for September 27–28. Further strengthening its presence, Bybit has also launched the World Series of Trading (WSOT) 2025, featuring multiple campaigns that offer welcome bonuses for new users along with exciting rewards, including cars, iPhones, and more.
#Bybit / #TheCryptoArk /#IMakeIt
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
DUBAI, UAE, Sept. 5, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of its Business-to-Business Unit (BBU), a new division dedicated to serving institutional and enterprise clients. The BBU will provide comprehensive solutions across secure custody, efficient settlement, and access to tokenized products, forming the cornerstone of Bybit’s institutional strategy and accelerating the convergence of traditional finance and digital assets.
The establishment of the BBU comes at a pivotal moment as institutional requirements rapidly evolve. Traditional investors are placing greater interest in digital assets and raising the industry standard, demanding capital-efficient, risk-managed solutions that mirror traditional finance while unlocking new opportunities in digital assets. Bybit is uniquely positioned to meet these needs at this critical juncture.
One of the most pressing needs is for off-exchange custody and triparty settlement models, which allow institutions to hold assets with trusted custodians, including banks, while retaining live trading credit. This structure significantly reduces counterparty risk and has become a baseline in institutional infrastructure. Bybit is addressing this gap by building custody and settlement frameworks that align with institutional expectations and regulatory best practices.
At the same time, real-world assets (RWAs) are emerging as both collateral and investable products. Institutions increasingly want to pledge short-duration, yield-bearing assets such as tokenized money market funds, Treasury bills, and receivables — rather than leaving capital idle. They also seek direct access to compliant tokenized issuances distributed through trusted platforms.
Through the new BBU, Bybit will focus on bridging these capabilities:
- Integrated off-exchange custody and triparty settlement to de-risk exposure without sacrificing market access.
- RWA collateral programs enable clients to pledge tokenized high-quality assets for margin and trading credit.
- Two-way distribution pipelines for tokenized products, connecting Web3 clients seeking access to traditional finance investments, and corporates exploring digital asset strategies, looking to enter the crypto market.
- Digital Treasury Asset (DTA) solutions, supporting traditional companies in allocating a portion of their corporate treasury into crypto with security, compliance, and yield optimization.
Yoyee Wang Appointed Head of BBU
The new BBU brings together Bybit’s Institutional (INS) team and B2B initiatives into a unified powerhouse, led by Yoyee Wang, the newly appointed Head of BBU.
Since joining Bybit in 2021, Yoyee has held several senior leadership roles, most recently serving as Global Head of Treasury and Asset Management, where she built and managed the company’s global portfolio strategies and liquidity framework. She brings more than a decade of international experience across North America, Asia, and Europe, including positions as a trading risk analyst and portfolio manager at the Royal Bank of Canada. This unique combination of crypto-native expertise and traditional finance experience makes her exceptionally well positioned to guide the unit’s growth.
“Institutions are looking for trusted partners who understand both the rigor of traditional finance and the innovation of crypto,” said Yoyee Wang, Head of BBU at Bybit. “At Bybit, we are building a complete business loop that integrates custody, liquidity, and yield — giving our clients not just market access, but a strategic edge in this new era.”
#Bybit / #TheCryptoArk /#IMakeIt
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Abu Dhabi, UAE, September 5th, 2025, Chainwire
Lowkick Studio, the developer behind the upcoming MMORPG WorldShards, has announced the launch of its in-game token, $SHARDS, on a number of globally recognized cryptocurrency exchanges. This marks a significant milestone in the game’s development, as it moves from its Early Access phase towards a full PC release, followed by a mobile launch in 2025. The introduction of the token is expected to enhance the game’s economy by providing players with new opportunities to earn, trade, and invest in digital assets within the WorldShards ecosystem. More information can be found on the Token Launch Site.
Launch Partners
Bybit – https://x.com/BybitAlpha/status/1961036041923461605
Binance Alpha – https://x.com/binance/status/1963166049701896483
MEXC – https://x.com/MEXC_Listings/status/1963445546603221102
Gate – https://x.com/Gate/status/1963587905445605807
More partners announcements will follow.
The Role of $SHARDS in the WorldShards Economy
The $SHARDS token plays a fundamental role in the player-driven economy of WorldShards, offering users a way to improve NFTs, craft more powerful weapons, and acquire rare artifacts. This integration ensures that in-game achievements and efforts hold tangible value, creating a system where the token’s worth is directly influenced by player engagement and overall ecosystem activity. Lowkick Studio aims to build a gaming environment where players not only participate in immersive gameplay but also benefit from the economic opportunities provided by blockchain technology.
Andrei Zimenco, CEO of Lowkick Studio, highlighted the importance of the token launch by stating, “The launch of $SHARDS represents more than just a token – it’s the foundation of a player-controlled economy that rewards engagement and creativity. We’re building an ecosystem where players truly own their achievements and meaningfully participate in the game’s economy.”
WorldShards’ Growing Presence in Web3 Gaming
Since its introduction in early 2024, WorldShards has been gaining attention within the web3 gaming community. The game was recently recognized as the most anticipated game of 2025 by the Blockchain Gaming Awards. Its popularity has been further demonstrated by the rapid growth of its community, which now exceeds 400,000 members. Additionally, the game has already generated over $8 million in NFT sales, with digital assets selling out within minutes of being listed.
The implementation of the $SHARDS token builds on WorldShards’ existing economic framework, which was introduced in December 2024. Players can now earn tokens through various in-game activities, including exploration and crafting, further enhancing their ability to engage with and contribute to the game’s economy.
Token Allocation and Ecosystem Development
The $SHARDS token ecosystem is designed to prioritize player participation and sustainability. The total supply of tokens is capped at five billion, with no allocations set aside for the development team or investors. The majority of the tokens, 60%, will be distributed as player rewards through in-game activities. An additional 25% is designated for ecosystem development and liquidity management on exchanges, while 15% is allocated to community growth and marketing efforts. To ensure long-term stability, the entire token supply will be vested over the next six years.
Free Trial to Celebrate $SHARDS Token Launch
WorldShards is lifting its access code requirement, making the game accessible to all users through a 30-day trial period starting August 22nd. Trial players can convert their accounts to permanent access if they meet specific in-game activity criteria.
Open Loot’s Role in Supporting the $SHARDS Token Launch
The launch of the $SHARDS token has been made possible through Lowkick Studio’s partnership with Open Loot, a platform that provides web3 game developers with essential infrastructure and technology solutions. Open Loot’s Vault technology has facilitated nearly $500 million in transactions, making it a key player in the blockchain gaming industry.
About Lowkick Studio
Founded in 2022 in Abu Dhabi with the support of Abu Dhabi Gaming, Lowkick Studio is a game development company specializing in bringing MMORPG experiences to web3. The studio’s flagship title, WorldShards, is a free-to-play multiplayer action role-playing game featuring dynamic combat, extensive exploration, and a crafting system designed to give players more control over their in-game assets.
For media inquiries, users may contact: info@lowkick.games.
Contact
Zimenco
Andrei
LowKick Studio
info@lowkick.games
Victoria, Seychelles, September 5th, 2025, Chainwire
Bitget, a leading cryptocurrency exchange and Web3 platform, has officially launched PTBUSDT for futures trading, effective September 3, 2025 (UTC+8). The listing includes full support for automated futures trading via bots and offers a maximum leverage of 50x.
PTBUSDT is now available for trading under Bitget’s USDT-M Futures segment, where users can trade using USDT as the settlement asset. The contract features a tick size of 0.00001 and operates 24/7 with funding fee settlements occurring every four hours. As with all Bitget derivatives, key parameters, including leverage and margin rates, are subject to change in accordance with prevailing market risk conditions.
This launch reflects Bitget’s continued expansion of its derivatives offerings, designed to provide users with diversified trading opportunities and increased market flexibility. The addition of trading bot compatibility also enhances the platform’s appeal to algorithmic and high-frequency traders seeking optimized trade execution and risk management.
Bitget’s USDT-M Futures enable traders to use USDT across multiple trading pairs within a unified margin account. This structure allows shared account equity, profits, and risks, simplifying portfolio management and increasing capital efficiency.
For more information on PTBUSDT, users can visit here.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP, one of the world’s most thrilling championships.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to their Terms of Use.
Contact
Simran Alphonso
media@bitget.com
HONG KONG, Sept. 5, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) today announced its unaudited financial results for the second quarter ended June 30, 2025.
Financial and Operational Highlights
- As of June 30, 2025, the company’s total mining capacity reached 50 EH/s, primarily driven by the acquisition of 18 EH/s in June 2025. Furthermore, in May, Cango completed the divestiture of its China-based assets for US$352 million, generating substantial liquidity to support ongoing strategic initiatives.
- Total revenues were US$139.8 million during the period, with the Bitcoin mining business generating revenue of US$138.1 million.
- Adjusted EBITDA was US$99.1 million during the period.
- A total of 1,404.4 Bitcoins were mined during the quarter. Average cost to mine, excluding depreciation of mining machines, was US$83,091 per Bitcoin, with all-in costs of US$98,636 per Bitcoin. As of the end of June 2025, the Company had mined 3,879.2 Bitcoins since entering the Bitcoin mining industry.
- The net loss for the period was mainly attributable to the one-off loss on discontinued operations and the non-cash impairment loss from mining equipment contracted last November and settled via equity in June of this year—triggered by the significant appreciation in Cango’s share price between signing and delivery. These charges related to the Company’s strategic steps rather than operational underperformance. Excluding the impairment and the one-off loss from discontinued operations, adjusted EBITDA stood at US$99.1 million during the period, demonstrating the strength and profitability of the core Bitcoin mining business.
Mr. Paul Yu, CEO of Cango, said, “This quarter marks a significant milestone as we report our first full quarter following our strategic transformation. In just nine months, we’ve established ourselves as one of the largest Bitcoin miners globally, supported by our asset-light strategy that enables quick scaling with minimal upfront capital. While this approach incurs higher cash costs per Bitcoin, our lower depreciation expenses ensure competitive all-in costs and strong capital efficiency. Our recent acquisition of 18 EH/s increased our total mining capacity to 50 EH/s, contributing to a 44% increase in Bitcoin production in July. This growth underscores the impact of our expanded operations and supports further scaling through organic initiatives and strategic acquisitions. Additionally, our acquisition of 50 MW mining facility in Georgia enhances our energy security and lowers power costs, providing operational expertise for future HPC and energy initiatives.”
Full article link: https://www.prnewswire.com/news-releases/cango-inc-reports-second-quarter-2025-unaudited-financial-results-302546670.html
Investor Relations Contact
Email: ir@cangoonline.com
London, United Kingdom, September 4th, 2025, Chainwire
InvroMining, a global cloud mining and digital asset infrastructure provider, today announced a major platform upgrade, introducing AI-driven capabilities and support for multi-asset cloud mining. This move further solidifies the company’s position in providing decentralized, intelligent, and sustainable digital asset infrastructure.
Multi-Asset Cloud Mining
InvroMining supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Binance Coin (BNB), Dogecoin (DOGE), XRP, Bitcoin Cash (BCH), and Tether (USDT). Users can participate in multiple mining modules through a single platform, maximizing operational flexibility.
The platform supports cross-asset configuration within a single interface.
AI-Powered Operational Intelligence
At the heart of this upgrade is InvroMining’s proprietary AI-driven infrastructure, designed to adjust mining allocation based on real-time network dynamics, energy efficiency, and operational patterns. This dynamic approach enhances the platform’s ability to support a wide range of crypto assets under fluctuating network conditions, improving transparency and scalability of supported mining activities.
Green Energy Infrastructure
InvroMining operates over 130 mining facilities globally powered by hydropower, solar, and wind energy and is committed to achieving carbon-neutral mining by 2030. The platform aligns digital-infrastructure growth with the global transition to renewable energy.
Users can learn more about how InvroMining leverages AI and green energy to build sustainable cloud mining solutions.
Structured Mining Modules: BTC and XRP Plan Templates
InvroMining has launched structured mining modules for BTC and XRP, offering participants a systematic approach to mining with predefined configuration parameters and durations. These programs are not investment products, but engagement-based frameworks designed to increase user access and clarity around mining activities.
Upcoming Roadmap Highlights
Expanding renewable-energy facilities in Asia Pacific and Latin America
Launch of a Predictive AI Module for operational performance forecasting
Release of a Developer SDK for customized mining strategies
CEO Comments
“We believe that the future of mining must combine intelligent automation, renewable energy, and user-friendly access,” said InvroMining’s CEO Vladimir Jedla . “With our expanding multi-asset and AI-driven infrastructure, we are committed to providing transparent, high-quality mining services for the decentralized ecosystem.”
About InvroMining
Founded in 2016, InvroMining is an AI-powered, multi-asset cloud mining platform operating in over 175 countries. By combining intelligent resource allocation with renewable energy, the company is building a trusted foundation for the next generation of crypto infrastructure.
Disclaimer
This press release is for informational purposes only and may contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially due to a variety of factors, including market conditions and regulatory changes. Nothing herein constitutes investment advice, a solicitation, or an offer of financial products. InvroMining does not guarantee results or assume responsibility for the management of user assets. Please assess the applicability of any service and exercise caution in accordance with the laws and regulations of your country/region.
Contact
Invro Mining PR Team
info@invromining.com
AMSTERDAM, NETHERLANDS, September 3rd, 2025, Chainwire
SiGMA has officially shortlisted NOWPayments in the “Best Crypto Processing” category at the SiGMA Euro-Med Awards 2025. This acknowledgment places NOWPayments among the notable solutions in the crypto payments industry.
In addition, Forbes ranked NOWPayments #1 in its “5 Best Cryptocurrency Gateways of 2025” list — further validating the company’s growing impact on the digital payments landscape.
Participation in SiGMA Europe Rome 2025
NOWPayments has also confirmed its participation in SiGMA Europe Rome 2025, scheduled for November. The conference is one of the largest gatherings for blockchain, fintech, and iGaming, offering a global stage for companies shaping the future of digital finance.
Solutions for iGaming Businesses
NOWPayments provides tailored crypto payment solutions for the iGaming sector. With support for 300+ cryptocurrencies, instant settlements, automated payouts, and compliance features, the gateway offers operators:
- 0.5% fee – lowest on the market
- On-ramp & Off-ramp
- 99.99% API uptime
These capabilities help iGaming platforms adapt quickly in a competitive and fast-changing industry.
(Source: SiGMA Shortlist, Forbes)
About NOWPayments
NOWPayments, founded in 2019, is a cryptocurrency payment gateway offering both custodial and non-custodial solutions. Its mission is to make digital assets accessible for businesses and individuals worldwide by delivering secure, seamless, and flexible payment tools. Supporting more than 300 cryptocurrencies and prioritizing compliance, NOWPayments empowers industries — from e-commerce to iGaming — to adopt crypto with confidence.
Contact
Head of PR
Alex Y
NOWPayments
alexandr.y@nowpayments.io
SINGAPORE, Sept. 4, 2025 /PRNewswire/ — ChainUp, a global provider of digital asset solutions, has been named a finalist in two categories at the Asian Legal Business (ALB) Pan-Asian Regulatory Awards 2025. This recognition, presented by Thomson Reuters, underscores the company’s role in a rapidly maturing industry where robust technology is a core requirement for regulatory compliance.
ChainUp’s nominations are for Virtual Asset Service Provider (VASP) Compliance Team of the Year and Transaction Monitoring Solution Provider of the Year. The nominations reflect the company’s commitment to delivering critical infrastructure that addresses the most pressing compliance challenges facing the digital asset ecosystem.
“The digital asset space is at a pivotal inflection point, and being a finalist for a Thomson Reuters-backed award validates our strategic focus on institutional-grade security and compliance,” said Sailor Zhong, Founder & CEO of ChainUp. “Our solutions are engineered to empower businesses with the tools needed to navigate evolving mandates, from sanctions screening to combating financial crime, enabling them to operate with clarity and integrity. This recognition belongs to our team and their dedication to building the foundational technology that supports the industry’s next phase of growth.”
The ALB Pan-Asian Regulatory Awards are judged by an independent panel of senior legal industry leaders. The winners will be announced at a ceremony on September 18, 2025, in Singapore.
About ChainUp
ChainUp, a leading global provider of digital asset solutions, empowers businesses to navigate the complexities of this evolving ecosystem. Founded in 2017 and headquartered in Singapore, ChainUp serves a diverse clientele, from Web3 companies to established financial institutions.
ChainUp’s comprehensive suite of solutions includes crypto exchange solutions, liquidity as-a-service, custody services, MPC wallet-as-a-service, KYT crypto tracing analytics tool, asset tokenization, crypto asset management, and Web3 infrastructure such as mining, staking, and blockchain APIs. For more information, visit: https://www.chainup.com/.
VIENNA, Sept. 3, 2025 /PRNewswire/ — Bybit EU, the world’s second-largest cryptocurrency exchange by trading volume, today announces the official launch of the Bybit Card across the European Economic Area (EEA), marking the new era of crypto convenience in everyday life.
To celebrate this milestone, new users who successfully apply in September will enjoy an exclusive 20% cashback on all eligible spending made with their Bybit Card. This special welcome campaign underscores Bybit EU’s commitment to driving crypto adoption in Europe by empowering users to seamlessly spend their digital assets at millions of merchants worldwide.
“There are months where decades happen, and the digital asset industry is having such a moment — thanks to increasing regulatory clarity and growing institutional as well as grassroots adoption,” said Mazurka Zeng, CEO of Bybit EU. “With the Bybit Card, we are excited to give European users a trusted, secure, and rewarding way to make crypto part of their daily lives. By holding one of our cards, members of the community own a piece of crypto history in the making.”
Exclusive Launch Offers – September 2025
- New users may apply for the Bybit Card in just a few clicks and choose a virtual card design that suits their style.
- All eligible users will receive 20% cashback after the first $100 deposit on crypto-funded transactions made in the first month.
- Bonus perks include an additional €5 for the very first transaction made within September and referral rewards.
- Referral Rewards: Earn even more by inviting friends to join.
Key Features of the Bybit Card
- Everyday Crypto Convenience: Spend BTC, USDC, and more instantly — with Apple Pay, Google Pay, or via the physical Mastercard option for global ATM withdrawals.
- Generous Rewards: No annual fees, and 100% subscription rebates on Netflix, Spotify, and selected AI tools.
- Lifestyle Perks: Seasonal rewards across travel, transport, fashion, restaurants, and beauty & wellness.
- Trusted & Secure: MiCAR-compliant, regulated, and designed for the European market.
With over 2 million cards issued worldwide, the Bybit Card has already become a trusted payment solution for crypto users. Its launch in Europe represents a critical step in Bybit’s mission to bring crypto-powered financial freedom to a broad audience under the EU’s clear regulatory framework.
The promotion runs on a limited, first-come-first-served basis throughout September. Terms and conditions apply. For details on eligibility and potential restrictions, please visit Bybit.eu
*Disclaimer: Card is not available in Croatia, Ireland, Romania, or Norway. Cashback promotion cannot be sponsored in Austria.
#BybitEU / #TheCryptoHub / #TheBybitCard
About Bybit EU
Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA”*” except Malta) via the Bybit.eu platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCA), Bybit EU delivers fully regulated services, including crypto custody, exchange, and rewards products and more, in full compliance with European regulations for investor protection and market integrity.
Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCA), authorized to offer the following services to residents of the European Economic Area (except Malta):
- providing custody and administration of crypto-assets on behalf of clients;
- exchange of crypto-assets for funds;
- exchange of crypto-assets for other crypto-assets;
- placing of crypto-assets; and
- providing transfer services for crypto-assets on behalf of clients.
Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice.
Media Contact: press@bybit.com
Disclaimer: This press release is provided for informational purposes only and does not constitute investment advice or an offer to buy or sell digital assets. The products and services mentioned herein are subject to applicable laws and regulations in the relevant jurisdictions and may not be available in certain regions. As a centralized exchange, Bybit EU may offer certain products, including staking, that operate on an off-chain basis, where user assets are held by Bybit EU and rewards are calculated and distributed internally without recording transactions on the blockchain. Past performance is not indicative of future results. Users should carefully assess all risks before participating in any digital asset-related activity.
PROVIDENCIALES, Turks and Caicos Islands, September 3rd, 2025, Chainwire
KuCoin, a leading global cryptocurrency exchange, is pleased to announce the launch of KuMining, an innovative cloud mining brand incubated by KuCoin. Positioned as a next-generation platform under the banner “Simple Mining, Smart Gains,” KuMining is committed to democratizing industrial-scale mining, delivering transparent, cost-effective, and accessible solutions to users of all experience levels. This initiative provides direct access to authentic, industrial-grade hashrate for Bitcoin (BTC) and Dogecoin (DOGE), with merged mining capabilities for Litecoin (LTC), sourced from leading industry partners.
This collaborative venture integrates KuCoin as the premier exchange platform, alongside world-class partners specializing in the manufacturing of PoW mining machines and experts in mining operations and energy optimization. Together, they form a comprehensive ecosystem spanning upstream manufacturing, distribution, and operational expertise. This yields key benefits for retail users, including transparent pricing without intermediary markups and direct supply chain efficiencies. By decentralizing hashrate from institutional control back to the community, KuMining offers the industry’s simplest method of mining, enabling equitable engagement in cryptocurrency’s core infrastructure.
KuMining’s robust infrastructure includes 300 MW to 2 GW in verifiable global power resources, ensuring immediate activation and seamless operations. It initially features over 10 EH/s (equivalent to 10,000 PH/s or 10,000,000 TH/s) in real-time BTC hashrate and 200 TH/s for DOGE/LTC—representing approximately 10% of the Dogecoin network—with auditable data and public monitoring for reliable fulfillment. These figures continue to grow, as the platform expands monthly with thousands of state-of-the-art water-cooled machines.
“We are immensely proud to introduce KuMining, a platform that equalizes opportunities in cryptocurrency mining,” said Jolie Du, Chief Operating Officer of KuMining. “Users can rent genuine hashrate from professional facilities, with daily yields automatically credited, eliminating hardware acquisition, energy management, and maintenance complexities. This low-barrier approach suits those seeking stable participation without technical resources, fostering sustainable wealth.”
BC Wong, CEO of KuCoin, added: “KuMining’s incubation reaffirms our community commitment, advancing ‘crypto for good’ by bringing hashrate back to retail investors at competitive costs. By decentralizing mining power to real users, it builds an inclusive Web3 where assets can accumulate passively.”
The product will be available for purchase beginning September 16, offering users the ability to generate consistent outputs, manage risks, and dollar-cost average into crypto assets without direct exposure to market volatility.
About KuCoin
Founded in 2017, KuCoin is a leading global cryptocurrency platform serving over 41 million users across 200+ countries and regions. Built on cutting-edge blockchain technology, KuCoin offers access to 1,000+ digital assets and solutions including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognized by Forbes as one of the “Best Crypto Apps & Exchanges” and a “Top 50 Global Unicorn” by Hurun, KuCoin is ISO 27001:2022 certified and committed to security, compliance, and innovation under the leadership of CEO BC Wong. Users can learn more: https://www.kucoin.com/
About KuMining
KuMining is a next-generation cloud mining platform, jointly launched by KuCoin and leading global mining partners. It provides retail and institutional users direct access to real, verifiable hashrate backed by top-tier facilities worldwide. Integrated with KuCoin’s ecosystem, KuMining enables seamless settlement, enhanced rewards through KCS, and greater participation in crypto’s core infrastructure.
Contact
KuCoin Media Team
media@kucoin.com